{"id":19002,"date":"2025-02-25T11:33:02","date_gmt":"2025-02-25T07:33:02","guid":{"rendered":"https:\/\/gbc1.net\/?p=19002"},"modified":"2025-02-28T11:28:08","modified_gmt":"2025-02-28T07:28:08","slug":"alibaba-to-invest-52b-in-ai-and-cloud-computing-over-next-three-years","status":"publish","type":"post","link":"https:\/\/gbc1.net\/index.php\/2025\/02\/25\/alibaba-to-invest-52b-in-ai-and-cloud-computing-over-next-three-years\/","title":{"rendered":"Alibaba to Invest $52B in AI and Cloud Computing Over Next Three Years"},"content":{"rendered":"\n

On 24 February 2025, Alibaba announced plans to invest RMB 380 billion (USD 52.4 billion) over the next three years in #AI<\/a> technologies and #CloudComputing<\/a>. The decision underscores the company’s commitment to technological innovation and will reinforce its position as a global leader in AI services delivered over the Cloud.<\/p>\n\n\n\n

In an earlier earnings call, Alibaba CEO Eddie Wu revealed that Alibaba is going after Artificial General Intelligence (#AGI<\/a>) which promises to give machines quasi-human thinking and reasoning abilities. As AI models evolve and become more powerful, there is a marked trend for AI data and services to be processed and delivered via larger and ubiquitous cloud networks.<\/p>\n\n\n\n

The #AI<\/a> arm of Alibaba experienced triple-digit revenue growth for the past six consecutive quarters while cloud hosting for AI services grew by by double-digit year-on-year. <\/p>\n\n\n

\n
\"\"<\/figure><\/div>\n\n\n
\n

AI is a once-in-a-generation opportunity and Alibaba is adopting a User-First AI-driven approach to enhance customer experience, optimize business operations, and fuel long-term growth.<\/p>\nAlibaba CEO Eddie Wu<\/cite><\/blockquote>\n\n\n\n

The announcement came right after a remarkable re-appearance of Alibaba’s founder Jack Ma at a high-profile, high-level meeting convened by President XI Jinping with Chinese tech giants with the likes of Huawei, Deepseek<\/a>, and Unitree on the select guest list.<\/p>\n\n\n\n

In 2023, Alibaba launched its own chatbot Tongyi Qianwen (Qwen<\/a>) similar to OpenAI ChatGPT and Deepseek Chat. Then, at the end of January 2025, it released a new and improved version of Qwen 2.5 to stay in the global AI race.<\/p>\n","protected":false},"excerpt":{"rendered":"

On 24 February 2025, Alibaba announced plans to invest RMB 380 billion (USD 52.4 billion) over the next three 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